Borealis Foods (BRLS) versus Its Competitors Financial Analysis

Borealis Foods (NASDAQ:BRLS) is one of 38 public companies in the “Food & kindred products” industry, but how does it weigh in compared to its competitors? We will compare Borealis Foods to similar businesses based on the strength of its dividends, earnings, valuation, analyst recommendations, profitability, institutional ownership and risk.

Valuation & Earnings

This table compares Borealis Foods and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Borealis Foods	N/A	-$2.94 million	-19.05
Borealis Foods Competitors	$7.55 billion	$686.08 million	7.70

Borealis Foods’ competitors have higher revenue and earnings than Borealis Foods. Borealis Foods is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a summary of current ratings for Borealis Foods and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Borealis Foods	0	0	0	0	N/A
Borealis Foods Competitors	320	1296	1495	30	2.39

As a group, “Food & kindred products” companies have a potential upside of 18.62%. Given Borealis Foods’ competitors higher possible upside, analysts plainly believe Borealis Foods has less favorable growth aspects than its competitors.

Profitability

This table compares Borealis Foods and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Borealis Foods	N/A	N/A	-12.25%
Borealis Foods Competitors	-28.33%	-32.16%	-7.04%

Risk and Volatility

Borealis Foods has a beta of 0.02, indicating that its stock price is 98% less volatile than the S&P 500. Comparatively, Borealis Foods’ competitors have a beta of 0.88, indicating that their average stock price is 12% less volatile than the S&P 500.

Insider and Institutional Ownership

34.7% of Borealis Foods shares are owned by institutional investors. Comparatively, 50.6% of shares of all “Food & kindred products” companies are owned by institutional investors. 65.7% of Borealis Foods shares are owned by insiders. Comparatively, 19.2% of shares of all “Food & kindred products” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Summary

Borealis Foods competitors beat Borealis Foods on 7 of the 10 factors compared.

Borealis Foods Company Profile

Borealis Foods Inc. engages in the distribution of plant-based protein food products. Its products include Chef Woo, a high-protein instant ramen with 20 grams of plant-based complete protein; and Ramen Express, a vegetarian ramen noodles. The company is based in Oakville, Canada.